Buffalo Gap 1 Wind Project

Buffalo wind project

Project Description

Negotiated Options for Site Acquisition, Leases and Easements for Project, Title Insurance and Debt and Equity Closing

  • 5,100 acres, Nolan and Taylor County, 1.8 MW Vestas wind turbines
  • 12 landowners – Greenfield – Direct Energy off-taker
  • $174Million Non-Recourse Senior Debt Financing, Dexia, FC Energy Finance I, Halsey Street Investments, Northwestern Mutual Life Ins., New York Life Insurance and Annuity, Bankers Commercial Corp.
  • Dominant Challenge  Project structure to accommodate future phases; ALTA Survey

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